ORBIT Technologies (TASE: ORBI) has received a USD4.5 million order from a large aircraft manufacturer for the development and supply of prototypes of an advanced system for the management of aircraft audio communication, the company said.
The company said it is a long-term agreement, and upon completion of the development and supply of the prototypes, it is expected to bring ORBIT orders for more systems and future income.
ORBIT Communication Systems is a provider of satellite communication systems, tracking systems and audio communication management systems for aircrafts.
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